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The Steelyard, from the
Middle Low German Middle Low German is a developmental stage of Low German. It developed from the Old Saxon language in the Middle Ages and has been documented in writing since about 1225–34 (). During the Hanseatic period (from about 1300 to about 1600), Mid ...
(sample yard), was the
kontor A ''kontor'' (also Kontor; ) was a major foreign trading post of the Hanseatic League. Kontors were legal entities established in a foreign city (i.e. a city that did not belong to the Hanseatic League), with a degree of legal autonomy. Most kon ...
(foreign trading post) of the
Hanseatic League The Hanseatic League was a Middle Ages, medieval commercial and defensive network of merchant guilds and market towns in Central Europe, Central and Northern Europe, Northern Europe. Growing from a few Northern Germany, North German towns in the ...
in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, and their main trading base in England, between the 13th and 16th centuries. The main goods that the League exported from London were
wool Wool is the textile fiber obtained from sheep and other mammals, especially goats, rabbits, and camelids. The term may also refer to inorganic materials, such as mineral wool and glass wool, that have some properties similar to animal w ...
and from the 14th century woollen cloths. An important import good was
beeswax Bee hive wax complex Beeswax (also known as cera alba) is a natural wax produced by honey bees of the genus ''Apis''. The wax is formed into scales by eight wax-producing glands in the abdominal segments of worker bees, which discard it in o ...
. The kontor tended to be dominated by Rhenish and
Westphalia Westphalia (; ; ) is a region of northwestern Germany and one of the three historic parts of the state of North Rhine-Westphalia. It has an area of and 7.9 million inhabitants. The territory of the region is almost identical with the h ...
n traders, especially from
Cologne Cologne ( ; ; ) is the largest city of the States of Germany, German state of North Rhine-Westphalia and the List of cities in Germany by population, fourth-most populous city of Germany with nearly 1.1 million inhabitants in the city pr ...
. The Steelyard was not the only Hanseatic trading post in England. There were a number of Hanseatic
factories A factory, manufacturing plant or production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another. Th ...
on the English east coast, like the remaining Hanseatic warehouse in
King's Lynn King's Lynn, known until 1537 as Bishop's Lynn and colloquially as Lynn, is a port and market town in the borough of King's Lynn and West Norfolk in the county of Norfolk, England. It is north-east of Peterborough, north-north-east of Cambridg ...
, Norfolk.


Name

The name seems to indicate the practice of tagging samples ( ''stalen'') of inspected wool with a
seal Seal may refer to any of the following: Common uses * Pinniped, a diverse group of semi-aquatic marine mammals, many of which are commonly called seals, particularly: ** Earless seal, also called "true seal" ** Fur seal ** Eared seal * Seal ( ...
. In Charles Kingsford's commentary on
John Stow John Stow (''also'' Stowe; 1524/25 – 5 April 1605) was an English historian and antiquarian. He wrote a series of chronicles of History of England, English history, published from 1565 onwards under such titles as ''The Summarie of Englyshe C ...
''A Survey of London'' (1598 edition) the Middle Low German name ''Stâlhof'' is the older usage, appearing as early as 1320. Kingsford traces the first reference to it as the Steelyard to 1382. In 1394 an English merchant writing from Danzig has: ''In civitate Londonia ..n Curia Calibis'': "In the city of London ..t the court of steel" ( ''chalybs''). Kingsford concludes that Steelyard is a mistaken translation of ''Stâlhof''. The kontor was also called the ''Esterlinghall'' ("Easterling hall") in Middle English, in 1340 for the first time.


Location

The Steelyard was located on the north bank of the
Thames The River Thames ( ), known alternatively in parts as the River Isis, is a river that flows through southern England including London. At , it is the longest river entirely in England and the second-longest in the United Kingdom, after th ...
by the outflow of the
Walbrook Walbrook is a Ward of the City of London and a minor street in its vicinity. The ward is named after a River Walbrook, river of the same name. The ward of Walbrook contains two of the City's most notable landmarks: the Bank of England and the ...
, in the Dowgate ward of the
City of London The City of London, also known as ''the City'', is a Ceremonial counties of England, ceremonial county and Districts of England, local government district with City status in the United Kingdom, city status in England. It is the Old town, his ...
. The site is bounded by Cousin Lane on the west, Upper Thames Street on the north, and Allhallows Lane on the east, an area of 5,250 m2 or 1.3 acres. It is now covered by
Cannon Street station Cannon Street station, also known as London Cannon Street, is a London station group, central London railway terminus and connected London Underground station in List of stations in London fare zone 1, Travelcard zone 1 located on Cannon Stre ...
and commemorated in the names of Steelyard PassagePanayi, P., ''Germans in Britain Since 1500,'' A&C Black, 1996, p. 19 and Hanseatic Walk. The Steelyard, like other Hansa stations, was a separate walled community with its own warehouses on the river, its own weigh house, chapel,
counting house Counting is the process of determining the number of Element (mathematics), elements of a finite set of objects; that is, determining the size (mathematics), size of a set. The traditional way of counting consists of continually increasing a (men ...
s, a
guildhall A guildhall, also known as a guild hall or guild house, is a historical building originally used for tax collecting by municipalities or merchants in Europe, with many surviving today in Great Britain and the Low Countries. These buildings commo ...
, cloth halls, wine cellars, kitchens, and residential quarters. The kontor could be accessed by sea-going ships. As a church the Germans used former All-Hallows-the-Great, since there was only a small chapel on their own premises. In 1988 remains of the former Hanseatic kontor, once the largest medieval trading complex in Britain, were uncovered by archaeologists during maintenance work on
Cannon Street Station Cannon Street station, also known as London Cannon Street, is a London station group, central London railway terminus and connected London Underground station in List of stations in London fare zone 1, Travelcard zone 1 located on Cannon Stre ...
.


History

Merchants from Cologne bought a building at the corner of Thames Street and Cousin Lane in the 1170s, though they seem to have used it as early as 1157, and it became known as the "Germans' Guildhall" (). Kingsford, C.L. "Notes". In John Stow. Kingsford, C.L. (ed)
''A Survey of London''
vol. 2. p 319.
Henry II of England granted very extensive privileges to traders from Cologne in 1175/76 in an attempt to limit the power of Flemish merchants who then controlled the English wool trade. This group from Cologne effectively controlled the trade of Rhine wine and acquired a building called the ''gildhalla'' from then on too. They are alluded to in the '' De itinere navali'', an account of crusaders from Lübeck for whom the kontor arranged the purchase of a replacement cog in the summer of 1189. The privileges of the Guildhall existed alongside individual cities' privileges. Low German traders from the area around the Baltic Sea appeared in England too around this time, but they directed their trade more at English towns up north.


Hanseatic kontor

The merchant communities from
Westphalia Westphalia (; ; ) is a region of northwestern Germany and one of the three historic parts of the state of North Rhine-Westphalia. It has an area of and 7.9 million inhabitants. The territory of the region is almost identical with the h ...
and the
Rhineland The Rhineland ( ; ; ; ) is a loosely defined area of Western Germany along the Rhine, chiefly Middle Rhine, its middle section. It is the main industrial heartland of Germany because of its many factories, and it has historic ties to the Holy ...
and from the Baltic formed a joint venture by the mid 13th century. They took over the hegemony in the trade with England from the Flemings later in the century and even began to get involved in the export of English wool to Flanders. The first mention of a ''Hansa Almaniae'' (a "German Hansa") in English records is in 1282, concerning merely the community of the London trading post. This was a union of town merchant guilds (''hanses'') from Cologne, or the Rhineland, and
Lübeck Lübeck (; or ; Latin: ), officially the Hanseatic League, Hanseatic City of Lübeck (), is a city in Northern Germany. With around 220,000 inhabitants, it is the second-largest city on the German Baltic Sea, Baltic coast and the second-larg ...
and
Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...
. It was possibly more the result of government pressure from London and the English king than a free decision. The settlement was only later made official as the Steelyard and confirmed in tax and customs concessions granted by
Edward I Edward I (17/18 June 1239 – 7 July 1307), also known as Edward Longshanks and the Hammer of the Scots (Latin: Malleus Scotorum), was King of England from 1272 to 1307. Concurrently, he was Lord of Ireland, and from 125 ...
, in a '' Carta Mercatoria'' ("merchant charter") of 1303. This led to constant friction over the legal position of English merchants in the Hanseatic towns and Hanseatic privileges in England, which repeatedly ended in acts of violence. Not only English wool but finished cloth was exported through the Hansa, who controlled the trade in English cloth-making centres.


Trade conflicts

After the treaty of Stralsund the Hansards drove out rival merchants from Scania. English traders were arrested and their goods confiscated. The English king imposed new
tonnage and poundage Tonnage and poundage were English duties and taxes first levied in Edward II's reign on every tun (cask) of imported wine, which came mostly from Spain and Portugal, and on every pound weight of merchandise exported or imported. Traditionally t ...
in 1371/72, that covered Hanseatic goods too. The Hanseatic towns and traders thought it violated their privileges. At the same time English traders entered the Baltic and especially Prussian trade, demanding equal reciprocal trading rights. A trade conflict began in 1385 when an English privateer fleet seized a number of Hanseatic ships near
Bruges Bruges ( , ; ; ) is the capital and largest city of the province of West Flanders, in the Flemish Region of Belgium. It is in the northwest of the country, and is the sixth most populous city in the country. The area of the whole city amoun ...
in the Zwin. Some ship were Prussian and the grandmaster of the
Teutonic Order The Teutonic Order is a religious order (Catholic), Catholic religious institution founded as a military order (religious society), military society in Acre, Israel, Acre, Kingdom of Jerusalem. The Order of Brothers of the German House of Sa ...
confiscated English goods. Richard II retaliated and confiscated Prussian goods in England to compensate the English merchants. When negotiations failed, the grandmaster banned English imports and exports of forests to England in 1386. The compromise at the treaty of Marienburg of August 1388 restored trade ties but failed to address the underlying problems. But when a new grand master cancelled the treaty of Marienburg in 1398 after Prussian towns complained, Henry IV did not retaliate and instead reconfirmed the Hanseatic privileges. A second treaty of Marienburg and a treaty between England and the wider Hanseatic League with promises about compensation and protection against pirates were agreed in 1405, followed by treaties in 1408 and 1409. However the underlying problems of tonnage and poundage and the lack of reciprocal rights for English merchants remained. By 1420 the Hanseatic League's trade in England had decreased in importance.
Cologne Cologne ( ; ; ) is the largest city of the States of Germany, German state of North Rhine-Westphalia and the List of cities in Germany by population, fourth-most populous city of Germany with nearly 1.1 million inhabitants in the city pr ...
remained dominant in the Hanseatic trade on England in the 15th century, and Danzig had a dominant role too. The English Parliament in 1431 increased poundage by half for foreign merchants. In 1434 the ''Tagfahrt'' ( de) (the Hanse representative body) finally began negotiations and started a blockade at the same time. The conflict was resolved in 1437 with the Second Treaty of London, when Hanseatic privileges were renewed and the new duties were removed. The Teutonic grandmaster did not ratify the treaty, pressed by Danzig, but England still enforced it despite unfulfilled demands for equal privileges for English traders in 1442 and 1446. Another English attack on Hanseatic ships, this time a Wendish and Prussian salt fleet, in May 1449 led to another crisis.
Lübeck Lübeck (; or ; Latin: ), officially the Hanseatic League, Hanseatic City of Lübeck (), is a city in Northern Germany. With around 220,000 inhabitants, it is the second-largest city on the German Baltic Sea, Baltic coast and the second-larg ...
instructed German traders to leave England in 1450 and blocked English trade through the Øresund in 1452 by an agreement with Christian I of Denmark. England was weakened after the
Hundred Years' War The Hundred Years' War (; 1337–1453) was a conflict between the kingdoms of Kingdom of England, England and Kingdom of France, France and a civil war in France during the Late Middle Ages. It emerged from feudal disputes over the Duchy ...
and briefly restored the Hanseatic privileges, though another salt fleet from Lübeck was taken in 1458. Incidents like that kept tensions high.


Anglo-Hanseatic War

Edward IV Edward IV (28 April 1442 – 9 April 1483) was King of England from 4 March 1461 to 3 October 1470, then again from 11 April 1471 until his death in 1483. He was a central figure in the Wars of the Roses, a series of civil wars in England ...
held the Hanseatic League responsible, when English ships were attacked in the Øresund by Danes in 1468, and German merchants in London were arrested and convicted by the crown council. The Hanseatic cities were open to negotiation but rejected any common Hanseatic liability and called for an embargo against England. The merchants of Cologne were exempted from the ruling and could trade unhindered, which served to foment dissension among Hansards. Meanwhile Henry VI was put back on the throne in 1470 as part of the
Wars of the Roses The Wars of the Roses, known at the time and in following centuries as the Civil Wars, were a series of armed confrontations, machinations, battles and campaigns fought over control of the English throne from 1455 to 1487. The conflict was fo ...
. Cologne was temporarily excluded from the League and its privileges in April 1471. Edward IV was helped by Hanseatic ships in his landing in May to retake power, but he reaffirmed Cologne's exclusive privileges in July. A war of piracy called the Anglo-Hanseatic War began against England, the main effort came from ships from Danzig, and much of the rest from Lübeck. One of their captains was the famous Paul Beneke, who commanded the formidable '' Peter von Danzig''. Negotiations began in 1473 and Edward IV was open to make large concessions for peace. Hanseatic demands were very excessive and Edward did not transfer the property of the Steelyard and the outposts in Lynn and Boston to the Hanseatic towns, but they achieved a very favourable peace from the English commissioners in Utrecht in 1474: many regulations from the Second Treaty of London of 1437 were reconfirmed and the demand for reciprocity on behalf of English merchants was dropped, though this result was against the background of the reduction of the Hanseatic trade's importance over the 15th century.


After the Anglo-Hanseatic War

In 1475 the Hanseatic League purchased the London site outright and it became universally known as the Steelyard. The kontor then required that Hansards lived on the Steelyard. In exchange for the privileges the German merchants had to maintain
Bishopsgate Bishopsgate was one of the eastern gates in London's former defensive wall. The gate's name is traditionally attributed to Earconwald, who was Bishop of London in the 7th century. It was first built in Roman times and marked the beginning o ...
, one of the originally seven gates of the city, from where the roads led to their interests in
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
and Lynn. Danzig and Cologne were still the dominant players in the Hansa's trade on England in the 16th century, but Hamburg achieved an important role by shipping German fabrics and Icelandic cod to England and English ink to the Netherlands. Hamburg's merchants became over time less involved in active trade with England, and let other parties carry goods instead. Members of the Steelyard, normally stationed in London for only a few years, sat for a famous series of portraits by
Hans Holbein the Younger Hans Holbein the Younger ( , ; ;  – between 7 October and 29 November 1543) was a German-Swiss painter and printmaker who worked in a Northern Renaissance style, and is considered one of the greatest portraitists of the 16th century. He ...
in the 1530s, portraits which were so successful that the Steelyard merchants commissioned from Holbein the allegorical paintings ''The Triumph of Riches'' and ''The Triumph of Poverty'' for their Hall. Both were destroyed by a fire, but there are copies in the
Ashmolean Museum The Ashmolean Museum of Art and Archaeology () on Beaumont Street in Oxford, England, is Britain's first public museum. Its first building was erected in 1678–1683 to house the cabinet of curiosities that Elias Ashmole gave to the University ...
in
Oxford Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town. The city is home to the University of Oxford, the List of oldest universities in continuou ...
. Later merchants of the Steelyard were portrayed by Cornelis Ketel. There is a fine description of the Steelyard by
John Stow John Stow (''also'' Stowe; 1524/25 – 5 April 1605) was an English historian and antiquarian. He wrote a series of chronicles of History of England, English history, published from 1565 onwards under such titles as ''The Summarie of Englyshe C ...
.


Later conflicts and closures

The Steelyard's privileges were suspended in 1552. One group that shipped trade goods for the merchant of Hamburg when they moved out of English active trade, was the Company of Merchant Adventurers of London. They got a residence for 10 years in Hamburg in 1567. Hamburg became a crucial market for the Merchant Adventurers after the loss of the Dutch market in the
Dutch Revolt The Eighty Years' War or Dutch Revolt (; 1566/1568–1648) was an armed conflict in the Habsburg Netherlands between disparate groups of rebels and the Spanish government. The causes of the war included the Reformation, centralisation, exc ...
. Hanseatic trade with England was centred in Hamburg in those days. Other Hanse towns resented the success of the Merchant Adventurers and wanted to secure the old favorable trade privileges that England suspended years ago. A Tagfahrt pressured Hamburg to close the Merchant Adventurers' trading post after the end of the agreement and Hamburg obeyed. England responded with countermeasures. Queen Elizabeth suppressed the Steelyard and rescinded its privileges in 1598. James I reopened the Steelyard, but it never again carried the weight it formerly had in London. Most of the buildings were destroyed during the
Great Fire of London The Great Fire of London was a major conflagration that swept through central London from Sunday 2 September to Wednesday 5 September 1666, gutting the medieval City of London inside the old London Wall, Roman city wall, while also extendi ...
in 1666. The land and buildings remained the property of the Hanseatic League, and were subsequently let as warehouses to merchants.


After the end of the Hanseatic League

The Hanseatic League was never officially dissolved but is considered to have disintegrated in 1669.
Lübeck Lübeck (; or ; Latin: ), officially the Hanseatic League, Hanseatic City of Lübeck (), is a city in Northern Germany. With around 220,000 inhabitants, it is the second-largest city on the German Baltic Sea, Baltic coast and the second-larg ...
,
Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...
and
Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (, ), is the capital of the States of Germany, German state of the Bremen (state), Free Hanseatic City of Bremen (), a two-city-state consisting of the c ...
would however continue to be known as the "Hanseatic Cities". Consulates of the Hanseatic cities provided indirect communication between
Northern Germany Northern Germany (, ) is a linguistic, geographic, socio-cultural and historic region in the northern part of Germany which includes the coastal states of Schleswig-Holstein, Mecklenburg-Vorpommern and Lower Saxony and the two city-states Hambur ...
and
Whitehall Whitehall is a road and area in the City of Westminster, Central London, England. The road forms the first part of the A roads in Zone 3 of the Great Britain numbering scheme, A3212 road from Trafalgar Square to Chelsea, London, Chelsea. It ...
during the European blockade of the
Napoleonic wars {{Infobox military conflict , conflict = Napoleonic Wars , partof = the French Revolutionary and Napoleonic Wars , image = Napoleonic Wars (revision).jpg , caption = Left to right, top to bottom:Battl ...
. Patrick Colquhoun was appointed as Resident Minister and
Consul general A consul is an official representative of a government who resides in a foreign country to assist and protect citizens of the consul's country, and to promote and facilitate commercial and diplomatic relations between the two countries. A consu ...
by the Hanseatic cities of
Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...
in 1804 and by
Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (, ), is the capital of the States of Germany, German state of the Bremen (state), Free Hanseatic City of Bremen (), a two-city-state consisting of the c ...
and
Lübeck Lübeck (; or ; Latin: ), officially the Hanseatic League, Hanseatic City of Lübeck (), is a city in Northern Germany. With around 220,000 inhabitants, it is the second-largest city on the German Baltic Sea, Baltic coast and the second-larg ...
shortly after as the successor of Henry Heymann, who was also ''Stahlhofmeister'', "master of the Steelyard". Colquhoun was valuable to those cities through their occupation by the French since he provided indirect communication between
Northern Germany Northern Germany (, ) is a linguistic, geographic, socio-cultural and historic region in the northern part of Germany which includes the coastal states of Schleswig-Holstein, Mecklenburg-Vorpommern and Lower Saxony and the two city-states Hambur ...
and
Whitehall Whitehall is a road and area in the City of Westminster, Central London, England. The road forms the first part of the A roads in Zone 3 of the Great Britain numbering scheme, A3212 road from Trafalgar Square to Chelsea, London, Chelsea. It ...
, especially in 1808, when the three cities considered their membership in the
Confederation of the Rhine The Confederated States of the Rhine, simply known as the Confederation of the Rhine or Rhine Confederation, was a confederation of German client states established at the behest of Napoleon some months after he defeated Austrian Empire, Austria ...
. His son James Colquhoun was his successor as Consul of the Hanseatic cities in London. Lübeck, Bremen and Hamburg only sold their common property, the London Steelyard, to the South Eastern Railway in 1852. The buildings were demolished in 1863.
Cannon Street station Cannon Street station, also known as London Cannon Street, is a London station group, central London railway terminus and connected London Underground station in List of stations in London fare zone 1, Travelcard zone 1 located on Cannon Stre ...
was built on the site and opened in 1866.


Organisation and life

The Steelyard was, like the other kontors, a legal person established as a merchant corporation (''universitas mercatorum'') in a foreign trading city to facilitate
Hanseatic The Hanseatic League was a Middle Ages, medieval commercial and defensive network of merchant guilds and market towns in Central Europe, Central and Northern Europe, Northern Europe. Growing from a few Northern Germany, North German towns in the ...
trade. It had its own treasury, seal, code of rules, legal power to enforce rules on residents and administration. Security was the primary reason for establishing kontors, but they were also important for inspecting the quality of trade goods and diplomacy with local and regional authorities. The Steelyard was led by an alderman, who was the chief juridical authority and diplomatic representative. There was also an English alderman from the late 14th century, an arrangement that was unique to London. The aldermen were assisted by ''achteinen'', assistants or deputies. Around the mid 15th century the position of clerk, who was legally trained and performed secretarial duties. The Hanseatic merchants in London were grouped in geographical categories called "thirds" (German: ''Drittel''). One third was formed by the area of
Cologne Cologne ( ; ; ) is the largest city of the States of Germany, German state of North Rhine-Westphalia and the List of cities in Germany by population, fourth-most populous city of Germany with nearly 1.1 million inhabitants in the city pr ...
, the left bank of the Rhine and
Guelders The Duchy of Guelders (; ; ) is a historical duchy, previously county, of the Holy Roman Empire, located in the Low Countries. Geography The duchy was named after the town of Geldern (''Gelder'') in present-day Germany. Though the present pr ...
. A second by the Wendish, Saxon and Westphalian towns and the right bank of the Rhine. The final third was made up of Livonian, Prussian and Gotlandic towns. The German alderman and his deputies were not allowed to come from the same third, so representation of all regional merchant groups' interests was ensured. A similar division of third existed at the Kontor of Bruges, but the London thirds had much less independence. The Hansards lived in the Steelyard at a relatively closed off area, more so than at
Bryggen Bryggen (''the dock''), also known as Tyskebryggen (, ''the German dock''), is a series of Hanseatic heritage commercial buildings lining up the eastern side of the Vågen harbour in the city of Bergen, Norway. Bryggen has been on the UNESCO lis ...
, and they certainly were not as integrated into the host city as at the kontor of Bruges. They had however many ties with Londoners, for example Englishmen acted as
executor An executor is someone who is responsible for executing, or following through on, an assigned task or duty. The feminine form, executrix, is sometimes used. Executor of will An executor is a legal term referring to a person named by the maker o ...
s for Hansards, and merchants rented rooms from the English, so they were not nearly as segregated as at
Novgorod Veliky Novgorod ( ; , ; ), also known simply as Novgorod (), is the largest city and administrative centre of Novgorod Oblast, Russia. It is one of the oldest cities in Russia, being first mentioned in the 9th century. The city lies along the V ...
's Peterhof. The kontor was in the middle of the town on the Thames, but this also made it easy to block off. London was a city with a more cosmopolitan, urban flair than the average Hanseatic hometown. Merchants operating out of the Steelyard were granted certain privileges and were exempt from customs duties and some taxes. In effect, the Steelyard was a separate and independent community, governed by the codes of the Hanseatic League, and enforced by the merchants' native cities. The Steelyard had its own statutes, like any kontor, written in
Middle Low German Middle Low German is a developmental stage of Low German. It developed from the Old Saxon language in the Middle Ages and has been documented in writing since about 1225–34 (). During the Hanseatic period (from about 1300 to about 1600), Mid ...
, the main language of the Hanseatic merchants. It applied to all traders of the Hanse who resided in London. In the 14th and early 15th century, most rules were introduced by the kontor's merchants, but after 1474 legislation was decided by the Hanseatic hometowns.


Trade

The main export from England was wool, but from the late 14th century cloth became an important export good. The importance of London as an export harbour grew with this shift. London also supplied luxury goods, like spices and literature. Trade in London was not controlled by the Hansards, and they met traders from various places in Europe, offering the availability of exotic goods but showing also new ideas and customs.
Beeswax Bee hive wax complex Beeswax (also known as cera alba) is a natural wax produced by honey bees of the genus ''Apis''. The wax is formed into scales by eight wax-producing glands in the abdominal segments of worker bees, which discard it in o ...
and fur were the most important of the imports goods, but the Hansards also imported salted herring,
stockfish Stockfish is unsalted fish, especially cod, dried by cold air and wind on wooden racks (which are called "hjell" in Norway) on the foreshore. The drying of food is the world's oldest known preservation method, and dried fish has a storage li ...
and beer to London.


Steelyard balance

The Steelyard possibly gave its name to the
steelyard balance A steelyard balance, steelyard, or stilyard is a straight-beam Weighing scale, balance with arms of unequal length. It incorporates a counterweight which slides along the longer arm to counterbalance the load and indicate its weight. A steelyard i ...
, a type of portable
balance Balance may refer to: Common meanings * Balance (ability) in biomechanics * Balance (accounting) * Balance or weighing scale * Balance, as in equality (mathematics) or equilibrium Arts and entertainment Film * Balance (1983 film), ''Balance'' ( ...
, consisting of a suspended horizontal beam. An object to be weighed would be hung on the shorter end of the beam, while weights would be slid along the longer end, till the beam balanced. The weight could then be calculated by multiplying the sum of the known weights by the ratio of the distances from the beam's fulcrum.


Gallery

File:Hans Holbein der Jüngere - Der Kaufmann Georg Gisze - Google Art Project.jpg, Georg Giese from Danzig, 34-year-old German merchant at the Steelyard, painted in London by Hans Holbein in 1532 File:Hans Holbein the Younger (1497-8-1543) - A Merchant of the German Steelyard, 'Hans of Antwerp' - RCIN 404443 - Royal Collection.jpg, Hans of Antwerp 1532 File:Hans Holbein d.J. - Porträt eines Mitgliedes der Familie Wedigh.jpg, Hermann Wedigh 1532 File:Member of the von Wedigh Family, (called Hermann Hillebrandt von Wedigh), by Hans Holbein the Younger.jpg, Hermann Hillebrandt Wedigh of Cologne; 1533 File:Hans Holbein d.J. - Der Duisburger Kaufmann Dirck Tybis (1533).jpg, Dirk Tybis of Duisburg; 1533 File:Portrait of Cyriacus Kale, by Hans Holbein the Younger.jpg, Cyriacus Kale 1533 File:Hans Holbein the Younger - Derich Born (1510?-49) - Google Art Project.jpg, Derick Born (1533); File:Derich Berck, by Hans Holbein.jpg, Derick Berck (painted in 1536)


Notes


References


External links


Holbein portrait of Derich Born, 1533
one of the Steelyard portraits

*Grant David Yeats
''A Biographical Sketch of the Life and Writings of Patrick Colqhoun''
London: G. Smeeton, 1818. Trading posts of the Hanseatic League Economic history of England Economic history of London History of the City of London {{coord, 51, 30, 41, N, 0, 05, 26, W, region:GB_type:landmark, display=title